Business Overview
- The business is a leading retailer in the grocery industry, specializing in natural and organic whole food products, and has been in operation since 2016.
- The company operates both physical retail stores and online channels, with a majority of sales derived from the retail stores.
- With a membership base of 15,000 registered members, the business has successfully established a loyal customer following and offers a paid membership program with an annual fee of MYR 20 or a lifetime fee of MYR 50, providing members with instant discounts, points collection, and other exclusive benefits such as participating in members' activities/events.
- The business has developed strong relationships with over 100 suppliers and offers more than 300 unique brands and 5,000 unique products.
- The company has received positive feedback from its customers, with a 99% positive review rate.
- We are also listed on third-party market place namely Lazadaa and Shopee.
- The business has been recognized as one of the top 6 organic shops in the Klang Valley by iproperty. com. my.
- The company has all the required licenses to sell groceries in Malaysia including a rice License which is valid till March 2027.
- With only 2 permanent employees, the store manages to earn high sales thanks to its contract employees and part-time workers who usually work on the weekends. There are 2 additional part-time workers employed in the store currently.
Products & Services Overview
Sale of organic and natural wholefood products, including fresh and dried food and non-food items.
We sell in both physical retail stores and online channels with the majority of sales being from the retail stores.
Capitalization Overview
The company has three shareholders with an equity split of 51%, 34% and 15%.
There are no debts and liabilities as a part of the business.
Assets Overview
The list of the tangible assets owned by the business includes:
- Premium Quality Display Gondola Rack - 27x Island Gondola, 24 wall Gondola, 17 Gondola End.
- 6 units of Customized Solid Pinewood Wooden Fruits & Veg Display, 63”H x 24”Lx 36”W (2020)
- 2 units of Customized Wooden Fruits & Vege Display, 123cm H x 61cm L, 73cm W (2022)
- 3 units of Customized Wooden Fruits & Vege Display, 125cm H x 110cm L x (80cm, 60cm, 40cm D), 2022.
- Posiflex POS System including scanner, keyboard, and Epson receipt printers (4 units)
- HP Elitedesk 800 G2 SFF Desktop PC (2 units)
- Honeywell Barcode Printer (2 units)
- Daikin Cassette Aircon 3 HP (Purchased brand new in 2022) (3 units)
- Daikin Cassette Aircon 5 Hp (Purchased brand new in 2016) (6 units)
- Daikin EcoKing Aircon (Purchased brand new in 2016) (2 unit)
- Japan made 2 Glass Door Display Chiller (Purchased in 2022) (3 units)
- Japan made 1 Glass Door Display Chiller (Purchased - Locally made 2 Glass Door Freezer (Purchased brand new in 2022) (2 units)
- Lord Dutchess Safe.
- Ergonomic Executive Mesh Chair.
- Executive Visitor Chair (2 units)
- Executive Low Back Chair.
- Bose 200Sr-Hi-Power Amplifier.
- Bose Freespace Speaker Set (3 sets)
- Harvey Norman Shredder – 1 unit.
- 80L Customer Trolley with Logo 510mmW x 830mmL x 920mmH (Purchased brand new in 2021) (10 units)
- 2 Layer Trolley with Logo, 990mmH x 490mmD x 570mmL (14 units)
- 27L Shopping Basket with Logo, 230mmH x 370mmD x 530mmL (20 units)
- 22L Kids Trolley, 285mmW x 480mmL x 670mmH (5 units)
- HIK 1080P IR Dome Camera (20 unit)
- Alarm System.
- Outdoor Signboard.
- Indoor Logo and Sign Acrylic Cut out (2 units)
We also boast a strong suit of intangible assets including:
- 15k Members database.
- More than 100 suppliers' relationships on terms and consignment, mostly returnable basis.
- Business License (yearly renewal)
- Rice License (Renewable every 3 years) - Expired March 2027.
- Sugar, flour and oil license (Renewable every 3 years) - Expired Jan 2026.
- Royalty paid music streaming subscription (yearly)
- Online website (yearly renewable)
- Online marketplace shop (Lazada, Shopee)
Full Sale
Asking Price:
USD
250 thousand
(Native Currency: MYR 1,000,000)
Reason:
Main shareholder is leaving the country for good for personal reasons. Two other shareholders are in...
View More
Includes physical assets worth
USD
63 thousand
Interested to connect with advisors
In talks with 3 Investors